VGS is the main ETF im gonna be buying when the markets crash by end of 2024 early 2025, with rates up and the world awash in debt, something has to give markets cant trade at record highs in such a risky environment.....
ive learnt that picking individual stocks is for suckers, you buy BHP and RIO is the one that does better you buy ANZ and CBA is the one that does better, you buy COLES and WOW is the one that outperforms, its a suckers game and you always get burnt unless your very lucky
im just buying VGS, VAS, and maybe if i wanna push my luck VEU when markets crash, at least i know they will never go to 0 or issue a profit warning out of the blue and the stock drops 20% overnight like can happen with any individual stock.
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Michael Thurn, CEO & MD
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